20015 Is DC’s Least Affordable Zip Code

Posted by Mark Washburn on Monday, April 21st, 2014 at 6:47am.



A new map by Zillow was released last week to much fanfare across DC, calculating housing affordability based on a monthly payment of $2,000, or 18 percent of a buyer’s monthly income, assuming a $500,000 home purchase price.  The color-coded map from dark red to dark green revealed the 20015 zip code as the least affordable, which includes the pricey DC neighborhoods of Chevy Chase DC and Friendship Heights.  After 20015, the 20003 zip code for the Capitol Hill neighborhood comes in 2nd, and the 20007 zip code for the neighborhoods in Georgetown, Glover Park, Foxhall, and Massachusetts Avenue Heights comes in at #3.  Longtime DC residents would not be surprised by these findings.

The map reveals DC’s eastern neighborhoods (NE) as most affordable and the western neighborhoods (NW) as least affordable.  At Zillow, affordability is measured by how much of a person’s monthly income is spent on a mortgage payment.  With a combination of rising home prices and mortgage rates, the median household in DC spends 22% of their income to afford the mortgage payments on the median home.

In 2013, the median household income was $91,689 in DC.  The typical DC homebuyer spent $1,357 each month on mortgage payments for homes, not condos, assuming a 20% down payment on a median home valued at $343,600 on a 30-year fixed mortgage with a 4.3% interest rate.

20015 Real Estate For Sale:

27 Properties Found. Page 1 of 3

Ninety Years After It Was Built In One Of Washi...

Photo of Listing #DCDC440880

$11,750,000 Active

  • 5 Beds
  • Baths
  • 1.31 Acres
  • 11,434 ft²

Residential

5320 27th St Nw, Washington, DC

MLS® #DCDC440880

Ninety Years After It Was Built In One Of Washington's Finest Neighborhoods At The Edge Of Rock Creek Park, This Grand Old Estate Has Only Improved With Age, Thanks To Georgetown Architect George Stavropoulos' Thorough, 21st-century Renovation And Expansion...

An Absolutely Stunning, Full-scale Renovation O...

Photo of Listing #DCDC469640

$2,595,000 Active

  • 6 Beds
  • Baths
  • 0.13 Acres
  • 5,514 ft²

Residential

3769 Oliver St Nw, Washington, DC

MLS® #DCDC469640

An Absolutely Stunning, Full-scale Renovation Of A Charming 1912 Farmhouse With Wrap-around Porch Offering Over 5000sf Of Living Space Across Four Expansive Levels And Situated On A Flat Lot. A Grand Home With A New, Contemporary Floorplan Well-suited For T...

This Spectacular New Home Of Distinction Built ...

Photo of Listing #DCDC461482

$2,500,000 Active

  • 6 Beds
  • 6 Baths
  • 0.14 Acres
  • 6,592 ft²

Residential

3713 Livingston St Nw, Washington, DC

MLS® #DCDC461482

This Spectacular New Home Of Distinction Built By Colonial Design Build, Master Builder For Over 30 Years, Is Situated In The Heart Of Chevy Chase Dc! This Newly Constructed 6,592 Sq Ft Sun Filled South Facing Home Hits All Of The Marks! Constructed With Ex...

Stunning Full Renovation Of This Four-story Sem...

Photo of Listing #DCDC475470

$1,995,000 Active

  • 6 Beds
  • Baths
  • 0.09 Acres
  • 3,718 ft²

Residential

4425 Harrison St Nw, Washington, DC

MLS® #DCDC475470

Stunning Full Renovation Of This Four-story Semi-detached Home. This Home Boasts Six Beautifully Appointed Bedrooms, With 4 1/2 Baths All With Top-quality Finishes. Open Contemporary Floor Plan Featuring 9 Foot Ceilings Throughout Upper Levels. Beautiful Li...

This Beautifully Realized Renovation Offers Thr...

Photo of Listing #DCDC475648

$1,695,000 Active

  • 4 Beds
  • Baths
  • 0.13 Acres
  • 3,140 ft²

Residential

5335 43rd St Nw, Washington, DC

MLS® #DCDC475648

This Beautifully Realized Renovation Offers Three Levels Of Stylish Livability And A Fantastic Location. The 1920s Dutch Colonial Exudes Charm And Leafy Curb Appeal In Washington's Friendship Heights. But Step Around Back And Feast Your Eyes On A Major Expa...

Welcome To This Gorgeous Architectural Gem. Sit...

Photo of Listing #DCDC474832

$1,600,000 Active

  • 6 Beds
  • Baths
  • 0.44 Acres
  • 3,592 ft²

Residential

3235 Chestnut St Nw, Washington, DC

MLS® #DCDC474832

Welcome To This Gorgeous Architectural Gem. Situated In A Premium Lot With Over 19,000 Sf And Located In The Desirable Neighborhood Of Hawthorne, This Brick Colonial Home Features 6 Bedrooms And 5/1 Bathrooms. Upon Entry, You Are Welcomed To An Open Living ...

New Price! A True Walker's Paradise And Promine...

REDUCED 5% Photo of Listing #DCDC472628

$1,585,000 Active

  • 5 Beds
  • Baths
  • 0.09 Acres
  • 3,980 ft²

Residential

4200 Military Rd Nw, Washington, DC

MLS® #DCDC472628

New Price! A True Walker's Paradise And Prominently Situated On A Corner Lot With 6 Spectacular Cherry Blossom Trees, This Almost 4,000 Sf, 5 Bedroom Plus Den/bonus Room, 4.5 Bath Semi-detached *smart* Home Is Perfectly Located Just 2 Blocks From All That F...

New Listing - We Take Pride In Presenting For T...

Photo of Listing #DCDC462506

$1,450,000 Active

  • 3 Beds
  • Baths
  • 0.13 Acres
  • 3,300 ft²

Residential

5500 Broad Branch Rd Nw, Washington, DC

MLS® #DCDC462506

New Listing - We Take Pride In Presenting For The First Time Since Its Construction, A Home That Is The Essence Of Modern. Designed And Built In 1975 By The Owner Architect Pierre Paul Childs , Architectural Digest Proclaimed, ~he Has Created A Graceful Tow...

This Gracious Home Offers Stature From Circa 1...

NEW Photo of Listing #DCDC475760

$1,450,000 Active

  • 6 Beds
  • Baths
  • 0.4 Acres
  • 3,910 ft²

Residential

5302 Reno Rd Nw, Washington, DC

MLS® #DCDC475760

This Gracious Home Offers Stature From Circa 1922. From The Circular Drive Up The Steps To The Stone And Pilar Entrance You Find This Stately Gem. Off The Center Hall To Left And Right Are The Large Living Room And Dining Room. A Library Is Off The Li...

Gorgeous Townhouse In Sought After Chevy Chase,...

Photo of Listing #DCDC468614

$1,369,000 Active

  • 4 Beds
  • Baths
  • 0.02 Acres
  • 2,368 ft²

Residential

5366 43rd St Nw, Washington, DC

MLS® #DCDC468614

Gorgeous Townhouse In Sought After Chevy Chase, Dc Awaits. This Luxury Residence Offers The Best In Chevy Chase Living With The Convenience Of A Townhome. Tour This Home Using Our 3d Tour: Http://my.matterport.com/show/?m=nqjzjsnqkfd . Boasting Nearly 2...

Fabulous Location In The Heart Of Chevy Chase, ...

REDUCED 4% Photo of Listing #DCDC444208

$1,349,999 Active

  • 3 Beds
  • Baths
  • 0.02 Acres
  • 2,618 ft²

Residential

5326 43rd St Nw, Washington, DC

MLS® #DCDC444208

Fabulous Location In The Heart Of Chevy Chase, Walk To Metro, Shops, Restaurants. Tastefully Renovated, Spacious 3 Bdrm, 3.5 Ba With Open Floorpan.

A True Chevy Chase Classic! Elegantly Situated ...

NEW Photo of Listing #DCDC476434

$1,174,500 Active

  • 4 Beds
  • Baths
  • 0.1 Acres
  • 2,814 ft²

Residential

3708 Military Rd Nw, Washington, DC

MLS® #DCDC476434

A True Chevy Chase Classic! Elegantly Situated On A Deep Lot With An Expansive Front Porch Overlooking Professionally Designed Gardens, This Thoughtfully Updated Turn-key Home Offers Four Generous Bedrooms And A Den, Two And A Half Modern Baths, An Elegant ...

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